Oil falls as Russia and Saudi Arabia delay output cut meeting
Opec+ is expected to now meet on Thursday to discuss cutting production by 10% of world supply to deal with the price crisis
06 April 2020 - 12:23
London — Oil prices fell on Monday after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help reduce global oversupply as the coronavirus pandemic pummels demand.
Brent crude fell more than $3 when Asian markets opened but recovered some ground with traders hopeful that a deal between the top producers was still within reach...
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